KULR Technology Group (NYSEAMERICAN:KULR) Shares Gap Down – What’s Next?

KULR Technology Group, Inc. (NYSEAMERICAN:KULR)’s share price gapped down prior to trading on Tuesday . The stock had previously closed at $2.28, but opened at $2.15. KULR Technology Group shares last traded at $2.19, with a volume of 7,118,903 shares changing hands.

KULR Technology Group Stock Up 2.1 %

The company has a current ratio of 0.81, a quick ratio of 0.71 and a debt-to-equity ratio of 0.05. The company has a market capitalization of $557.04 million, a price-to-earnings ratio of -19.46 and a beta of 2.43.

Institutional Trading of KULR Technology Group

Institutional investors have recently made changes to their positions in the business. Geode Capital Management LLC increased its holdings in KULR Technology Group by 44.5% in the third quarter. Geode Capital Management LLC now owns 1,555,255 shares of the company’s stock valued at $443,000 after buying an additional 479,026 shares in the last quarter. Virtu Financial LLC purchased a new position in shares of KULR Technology Group during the 3rd quarter worth $29,000. Fortem Financial Group LLC acquired a new stake in KULR Technology Group during the fourth quarter worth about $298,000. XTX Topco Ltd acquired a new stake in shares of KULR Technology Group during the 2nd quarter worth approximately $31,000. Finally, Maiden Cove Capital LLC purchased a new position in KULR Technology Group in the fourth quarter worth approximately $71,000. Institutional investors and hedge funds own 21.23% of the company’s stock.

KULR Technology Group Company Profile

KULR Technology Group, Inc, through its subsidiary, KULR Technology Corporation, develops and commercializes thermal management technologies for electronics, batteries, and other components applications in the United States. It provides lithium-ion battery thermal runaway shields; automated battery cell screening and test systems; cellchecks; safecases; fiber thermal interface materials; phase change material heat sinks; internal short circuit devices; and CRUX cathodes.